08/07/2025 | Press release | Distributed by Public on 08/07/2025 14:12
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
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1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Option to Purchase | $54.45 | 08/05/2025 | G | 524,080 | (1) | 02/28/2031 | Class A Common Stock | 524,080 | $ 0 | 131,020 | D | ||||
| Option to Purchase | $46.39 | 08/05/2025 | G | 430,422 | (2) | 02/29/2032 | Class A Common Stock | 430,422 | $ 0 | 286,948 | D | ||||
| Option to Purchase | $42.52 | 08/05/2025 | G | 809,775 | (3) | 03/01/2030 | Class A Common Stock | 809,775 | $ 0 | 269,925 | D | ||||
| Option to Purchase | $40.47 | 08/05/2025 | G | 480,400 | (4) | 03/14/2029 | Class A Common Stock | 480,400 | $ 0 | 120,100 | D | ||||
| Option to Purchase | $54.45 | 08/05/2025 | G | 524,080 | (1) | 02/28/2031 | Class A Common Stock | 524,080 | $ 0 | 524,080 | I | By Trust | |||
| Option to Purchase | $46.39 | 08/05/2025 | G | 430,422 | (2) | 02/29/2032 | Class A Common Stock | 430,422 | $ 0 | 430,422 | I | By Trust | |||
| Option to Purchase | $42.52 | 08/05/2025 | G | 809,775 | (3) | 03/01/2030 | Class A Common Stock | 809,775 | $ 0 | 809,775 | I | By Trust | |||
| Option to Purchase | $40.47 | 08/05/2025 | G | 480,400 | (4) | 03/14/2029 | Class A Common Stock | 480,400 | $ 0 | 480,400 | I | By Trust | |||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Cavanagh Michael J ONE COMCAST CENTER PHILADELPHIA, PA 19103 |
President | |||
| Elizabeth Wideman, Attorney-in-fact | 08/07/2025 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | The options were granted on March 1, 2021 and become exercisable as follows: 40% become exercisable on the 2nd anniversary of the date of the grant and an additional 20% on each of the 3rd, 4th and 5th anniversaries of the date of the grant. |
| (2) | The options were granted on March 1, 2022, and become exercisable as follows: 20% vest on the 1st, 2nd, 3rd, 4th and 5th anniversaries of the date of the grant. |
| (3) | The options were granted on March 2, 2020 and become exercisable as follows: 30% becomes exercisable on the 2nd anniversary of the date of grant; an additional 15% on each of the 3rd, 4th and 5th anniversaries of the date of grant; and an additional 5% on each of the 6th, 7th, 8th, 9th and 9.5th anniversaries of the date of grant. |
| (4) | The options were granted on March 15, 2019 and become exercisable as follows: 30% becomes exercisable on the 2nd anniversary of the date of grant; an additional 15% on each of the 3rd, 4th and 5th anniversaries of the date of grant; and an additional 5% on each of the 6th, 7th, 8th, 9th and 9.5th anniversaries of the date of grant. |